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ZF Power Summit '13: Electricity Prices Could Fall On Long Term
Energy

ZF Power Summit '13: Electricity Prices Could Fall On Long Term

A well balanced mix of energy resources coul bring a decrease in electricity prices on the long term, according to energy specialists who attended ZF Power Summit '13 on Wednesday.

Manuela Panescu · 27.02.2013 · 18:01 · 2 min
PwC: Romania Has Large Energy Potential
Energy

PwC: Romania Has Large Energy Potential

Romania has a large energy potential and it could become a regional point of attraction for oil and natural gas investment, said Vasile Iuga, country manager partner with PwC Romania.

Florentina Dragu · 27.02.2013 · 16:42 · 1 min
Petrom CEO: Romania Needs Energy Investments Of 3-4 Bln Euro Each Year
Energy · ZF POWER SUMMIT '13

Petrom CEO: Romania Needs Energy Investments Of 3-4 Bln Euro Each Year

Romania needs very large investments in the energy sector, which still has huge potential, said Mariana Gheorghe, chief executive officer of OMV Petrom (SNP.RO), the country’s largest oil an...

Neagu Bogdan Mircea · 27.02.2013 · 12:28 · 1 min
Eurostat: Romania Second Least Energy Import-Dependent In EU
Energy

Eurostat: Romania Second Least Energy Import-Dependent In EU

Romania was one of the least dependent countries on energy imports in the European Union in 2011, with a dependency rate of 21%, official data showed Wednesday.

Florentina Dragu · 13.02.2013 · 20:25 · 1 min
RCS&RDS Continues Acquisitions In Energy Sector
Energy

RCS&RDS Continues Acquisitions In Energy Sector

RCS&RDS, one of the largest local telecoms, bought another company in the electricity generation business after acquiring two companies developing solar PV projects in Braila county for EUR2...

Manuela Panescu · 11.02.2013 · 12:25 · 1 min
Chinese Company Becomes Largest Investor In Romanian Solar Energy With EUR100M Project
Energy

Chinese Company Becomes Largest Investor In Romanian Solar Energy With EUR100M Project

A Chinese investor is making a bet of around EUR100 million to build the largest solar park in Romania, while other Chinese companies want to invest in wind turbine manufacturing.

Tudor Ioana Raluca · 08.02.2013 · 00:00 · 2 min
Electrica In EUR250M War With CEZ, Enel And E.ON Over Privatizations
Energy

Electrica In EUR250M War With CEZ, Enel And E.ON Over Privatizations

The Romanian state, through Electrica, is seeking justice in Paris in matters concerning European energy giants’ non-compliance with clauses in the privatization contracts.

Tudor Ioana Raluca · 08.02.2013 · 00:00 · 4 min
Energy Monopoly Tax To Be Lower Than Initially Intended
Energy

Energy Monopoly Tax To Be Lower Than Initially Intended

Enel, E.ON, CEZ and Electrica will pay a lower amount according to the final version of the tax on monopoly they have on Romanian energy distribution networks than ZF calculated based on the...

Neagu Bogdan Mircea · 25.01.2013 · 00:00 · 2 min
EUR3B Worth Of Investments Waiting For Green Power Subsidy Verdict
Energy

EUR3B Worth Of Investments Waiting For Green Power Subsidy Verdict

Investors in green power, an industry that witnessed a boom over the last three years, are getting increasingly worried because of the rumors about the modification of the support scheme for...

Oana Gavrila · 24.01.2013 · 08:30 · 6 min